Homebuilder stocks trade in green on tariff-relief deal prospects
Top homebuilding stocks reversed higher on the news, with the biggest gainers as of noon including Landsea Homes (LSEA), Star ...
Lumber costs rising, driving home prices up
According to the National Association of Homebuilders, lumber costs have jumped 15% since the start of the year. They say the ...
financefeeds6h
CME Group to Launch New Lumber Futures Contract Amid US-Canada ‘Economic War’
CME Group has selected Fastmarkets as the Price Reporting Agency (PRA) for its new cash-settled lumber futures contract designed to support North America's fastest-growing lumber-producing region ...
New tariffs on Canadian and Mexican goods could raise costs for local businesses
At Alki Lumber in West Seattle, business is running as usual for now, but the company is monitoring potential cost increases.
Tariffs Send Lumber Prices to 30-Month High
Lumber futures Monday rose to their highest point since August 2022, when wood prices were plunging from their pandemic peak, ...
Cleveland16h
American dream of building new home gets pricier with new tariffs on building supplies from Canada and Mexico
"The average cost of a new home is in excess of $460,000. The top 20% of the market are the only ones who can afford this," ...
Trump tariffs push China to retaliate: Soybean farms hit, lumber imports halted
China also imposed import levies covering $21B worth of US agricultural and food products including soybeans, wheat, meat and ...
HousingWire22h
Domestic lumber demand puts pressure on environment and supply chains
A call for more domestic timber poses environmental risks, but it also leaves U.S. homebuilders in limbo to navigate a supply ...
Bisnow22h
U.S. Lumber Costs Rise Sharply Amid Investigation, New Tariffs
U.S. lumber futures rose to their highest level since 2022 on the heels of an investigation into foreign wood imports and the ...